Today
-0.41%
5 Days
-0.47%
1 Month
-0.66%
6 Months
-0.17%
Year to Date
-2.71%
1 Year
-2.42%
Opening Price
11.162Previous Closing Price
11.1581The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The configuration is positive.
below 11.1549, expect 11.1306 and 11.1161.
the upside prevails as long as 11.1549 is support
As expected, the Riksbank left its policy rate unchanged at 2% on Wednesday. At the same time, it signaled the possibility of a further interest rate cut this year, which would be 'in line with the June forecast', Commerzbank's FX analyst Antje Praefcke notes.
Scandinavian currencies should also do well if geopolitical risk is priced out, with Sweden's krona likely better positioned than Norway's krone due to opposite exposures to energy prices, ING's FX analyst Francesco Pesole notes.
EUR/SEK has rebounded steadily after testing key support at the lower boundary of its long-term channel and is now approaching the crucial 200-day moving average.
Sweden’s Riksbank is widely expected to deliver a 25bp rate cut, likely marking the end of its easing cycle, ING's FX analyst Francesco Pesole notes.
The Swedish krona has started the week on the softer side against the Euro, ING's FX analyst Francesco Pesole notes
Riksbank kept rates on hold and the Swiss National Bank cutting another 25bp, ING's FX analyst Francesco Pesole notes.
